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General Motors today officially revealed the 2011 Chevrolet Volt with a base price tag of $41,000, including a $720 destination charge. But after federal and state tax incentives, the 2011 Chevrolet Volt will be around $33,500. Still, that is about $8,000 more than its competitor, the all-electric drive Nissan LEAF. Or you can test out the electric Volt for a few years through its leasing program of $350 per month for a 36-month lease program.
Even with the incentive and tax credit for the 2011 Chevrolet Volt, buyers will have to folk down $41,000 and get the tax credit back on their next tax return. And that is large amount of cash that may blow off some potential buyers.
Hopefully, prices may go down if there are lot of people buying more electric cars in the future. At any case, electric cars such as the 2011 Chevrolet Volt and Nissan LEAF will set the trend for the new electric car era.